News

CBRE is betting on a future of flex with a fresh $100 million investment into flexible workspace operator Industrious following its $230 million investment from last year.

IWG will open a 38,000 square foot Spaces location, taking up the ninth through 12th floors and penthouse as it prepares for companies embracing hybrid work policies.

“These changes are primarily driven by business needs rather than individual performance…” said a Netflix spokesperson.

During the first quarter of the year, the UK saw 11 million less working hours compared to the beginning of 2020.

A new report from the National Bureau of Economic Research shows that growing levels of remote working are contributing to rising housing costs.

The Circularity Accelerator will release a ‘state of the market’ report that focuses on identifying challenges and opportunities for built environments.

“This building had to be able to transform itself over its lifetime in order to respond to the demands being put on by the business,” said David Radcliffe.

To reduce turnover rates, respondents of the WorldAtWork survey said that recruiting, DEI efforts, employee recognition, and performance management would help.

Coworking spaces that offer low-commitment, fully equipped workspaces are quickly rebounding to their glory days, with a slightly mature edge.

Senior workers have been informed that they would be able to “talk time off when needed without a fixed vacation day entitlement.”